Victory Energy Corp
Victory Oilfield Tech, Inc., a green hydrogen energy company, engages in development and implementing various energy solutions for transportation, power generation, and industrial processes industries. It offers TrueGreen Hydrogen production solutions that provides clean energy sources to a range of clients. The company is based in Austin, Texas.
Victory Energy Corp (VYEY) - Total Assets
Latest total assets as of September 2024: $36.99K USD
Based on the latest financial reports, Victory Energy Corp (VYEY) holds total assets worth $36.99K USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Victory Energy Corp - Total Assets Trend (2000–2023)
This chart illustrates how Victory Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Victory Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Victory Energy Corp's total assets of $36.99K consist of 71.7% current assets and 28.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $983.00K | 52.2% |
| Inventory | $-1.28 Million | -68.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $158.28 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2023)
This chart illustrates how Victory Energy Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Victory Energy Corp's current assets represent 71.7% of total assets in 2023, a decrease from 100.0% in 2000.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2023, down from 100.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 52.2% of total assets.
Victory Energy Corp Competitors by Total Assets
Key competitors of Victory Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Victory Energy Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Victory Energy Corp generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Victory Energy Corp is currently not profitable relative to its asset base.
Victory Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.02 | 0.12 | 0.23 |
| Quick Ratio | 0.02 | 0.12 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.52 Million | $ -4.08 Million | $ -2.16 Million |
Victory Energy Corp - Advanced Valuation Insights
This section examines the relationship between Victory Energy Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.82 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 171.6% |
| Total Assets | $1.88 Million |
| Market Capitalization | $212.28K USD |
Valuation Analysis
Below Book Valuation: The market values Victory Energy Corp's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Victory Energy Corp's assets grew by 171.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Victory Energy Corp (2000–2023)
The table below shows the annual total assets of Victory Energy Corp from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.88 Million | +171.56% |
| 2022-12-31 | $693.43K | -9.28% |
| 2021-12-31 | $764.41K | -50.00% |
| 2020-12-31 | $1.53 Million | -65.52% |
| 2019-12-31 | $4.43 Million | 0.00% |
| 2018-12-31 | $4.43 Million | -75.04% |
| 2017-12-31 | $17.77 Million | +1906.25% |
| 2016-12-31 | $885.67K | -12.22% |
| 2015-12-31 | $1.01 Million | -16.18% |
| 2014-12-31 | $1.20 Million | -51.35% |
| 2013-12-31 | $2.47 Million | +62.96% |
| 2011-12-31 | $1.52 Million | +98.96% |
| 2010-12-31 | $763.03K | -36.98% |
| 2008-12-31 | $1.21 Million | +2321.72% |
| 2006-12-31 | $50.00K | -46.51% |
| 2005-12-31 | $93.47K | +4207.37% |
| 2004-12-31 | $2.17K | +317.31% |
| 2003-12-31 | $520.00 | +5100.00% |
| 2000-12-31 | $10.00 | -- |